Dennis Hollier

CFPB Lets the Patch Stay; the Ball is Now in FHFA’s Court

April 29, 2021

A delay in the QM rule compliance date has created a Catch-22 in which the CFPB says the GSE patch is still available, but the amended preferred stock purchase agreements won’t allow the GSEs to use it.

Moving from the GSEs’ Cash Windows to MBS Swaps

April 22, 2021

Dennis Hollier

The complication of shifting from cash window deliveries to MBS swaps is going to cost lenders money whether they’re big or small.

ESG Goes Mainstream at the GSEs

April 22, 2021

Dennis Hollier

Industry insiders talk data, scale, and products in the mortgage green bond market.

Calabria Acknowledges ‘Pinch’ on NOO/Second-Home Market Caused by Reg Change

April 22, 2021

Dennis Hollier

FHFA chief Mark Calabria: “The reality is that, in the short run, there will be a pinch on the market, if you will."

Calabria Hints That COVID-19 Policies Are Coming to an End

April 22, 2021

Dennis Hollier

With regard to ending PSPA purchase restrictions imposed on the GSEs, the FHFA director said it would depend on capital.

Genworth Mortgage Joins the IPO Hustle

April 22, 2021

Dennis Hollier

Following the Oceanwide merger debacle, Genworth Financial licks it wounds by initiating plans to spin off its mortgage insurance business.

Short Takes: In Demand: MSR Portfolios / Better Marks / The Benefits of Bank Ownership / FHFA Hires FDIC Vet Steckel / Correction on Ginnie Transfers

April 21, 2021

Paul Muolo, John Bancroft, and Dennis Hollier

It's a good time to sell mortgage servicing rights...

Critics Rehash (and Trash) Utility Model for Fannie and Freddie

April 21, 2021

Dennis Hollier

One big rah-rah fan of the GSE utility model is the National Association of Realtors...

Fannie and Freddie Ramp Up RPL Sales

April 19, 2021

Dennis Hollier

Fannie’s RPL activity has consisted entirely of whole-loan sales. Freddie, on the other hand, continues to focus its RPL activities on the securities side of the business.

The GSE Patch Conundrum

April 16, 2021

Dennis Hollier

The January amendments to the PSPA require the GSEs to follow the new QM rule, even though CFPB may not enforce the rule until October 2022. That means Fannie and Freddie will no longer purchase GSE patch loans after July 1.

Dennis Hollier

ARTICLES

CFPB Lets the Patch Stay; the Ball is Now in FHFA’s Court

Moving from the GSEs’ Cash Windows to MBS Swaps

ESG Goes Mainstream at the GSEs

Calabria Acknowledges ‘Pinch’ on NOO/Second-Home Market Caused by Reg Change

Calabria Hints That COVID-19 Policies Are Coming to an End

Genworth Mortgage Joins the IPO Hustle

Short Takes: In Demand: MSR Portfolios / Better Marks / The Benefits of Bank Ownership / FHFA Hires FDIC Vet Steckel / Correction on Ginnie Transfers

Critics Rehash (and Trash) Utility Model for Fannie and Freddie

Fannie and Freddie Ramp Up RPL Sales

The GSE Patch Conundrum

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Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?